Auction Terminology

noun a verbal or written offer to do work or provide services for a certain price

verb to approach or arrive at a place

• The company made a bid to come up with a new marketing strategy.
• I heard that they're making a bid to come visit us next weekend.
• I don't think their bid to come to the party will be successful.
• His bid to come out on top in the competition was met with fierce competition.

noun an offer to pay a certain amount of money for something

verb to offer a certain amount of money for something, especially at an auction

• The company submitted a bid for the construction project.
• I'm going to put in a bid for that vintage car on eBay.
• I'm gonna throw my bid in for those concert tickets.
• She made a bid for his heart but he was already taken.

noun an offer to pay a certain price for something, especially at an auction

verb present participle of bid, which means to offer a certain amount of money for something in a competitive situation like an auction

• The company submitted their bidding for the construction project.
• They're putting in their bidding for the new contract.
• They're throwing their hat in the ring for the bidding process.
• In the game of business, you have to be strategic with your bidding to win.

verb to have convinced or persuaded someone to believe in or support something

adjective having a strong belief or support for something

preposition indicating that someone is convinced or persuaded about something

• The product was sold on the company's official website.
• I heard that the tickets were sold on the school bulletin board.
• I can't believe he actually sold that old car on Craigslist.
• She was easily sold on the idea of starting a new business together.

verb past tense of bid; to offer a certain price for something in an auction or competition

• He bidded farewell to his colleagues as he left the company for a new job opportunity.
• She bidded on the antique vase at the auction but was outbid in the end.
• I bidded on that concert ticket so fast, I couldn't believe I won!
• The sun bidded adieu to the sky as it set behind the horizon.